Tax season is right here, and in case you’ve had any transactions associated with crypto, there’s a lot you wish to have to grasp. In the above video, tax legal professionals Mark J. Kohler and Mat Sorensen smash down some necessary knowledge you wish to have to give protection to your belongings and keep away from consequences. Kohler and Sorenson speak about:
- Capital beneficial properties methods
- The IRS stance on cryptocurrency taxation
- Trading Crypto tax methods
- Staking and Defi tax methods
- Crypto mining tax methods
- Trading crypto tax-free with an IRA or 401k
More in regards to the audio system:
Mark J. Kohler is a CPA, lawyer, co-host of the podcast “Refresh Your Wealth”, and a senior spouse at each the regulation company KKOS Lawyers and the accounting company Okay&E CPAs. Kohler could also be the writer of The Tax and Legal Playbook, second Edition and The Business Owner’s Guide to Financial Freedom.
Mat Sorensen is an lawyer, CEO, writer, and podcast host. He is the CEO of Directed IRA & Directed Trust Company, a number one corporate within the self-directed IRA and 401k trade and a spouse within the trade and tax regulation company of KKOS Lawyers. He is the writer of The Self-Directed IRA Handbook.